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Archive for the ‘saskatoon’ Category

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Saskatoon housing affordability improves in 2011: Demographia

Housing affordability in Canada saw its greatest deterioration in years according to the 8th Annual Demographia International Housing Affordability Survey: 2012. Demographia’s estimates suggest that Canadian home buyers can expect to pay 4.5 times the country’s median income to purchase a home priced at the median,* a number which the survey authors consider “seriously unaffordable”. [...]

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Remai Art Gallery of Saskatchewan wins prestigious design award

The design for the Remai Art Gallery of Saskatchewan has been selected as one of eight 2011 Award of Excellence recipients by Canadian Architect magazine and is featured on the cover of this month’s issue. According to the story in the Star Phoenix, the $84 million gallery was selected from “163 submissions judged by a [...]

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Report commissioned by City of Saskatoon projects major future growth

Saskatoon’s future is bright, according to a report presented to city council on Monday night. The 215-page report, prepared by MXD Developments Strategists of Vancouver projects that Saskatoon’s population would hit 325,000 by 2028. By then, the city will require six new hotels, a thirty percent expansion in retail space from 10 million square feet [...]

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River Landing Village one step closer to reality as zoning changes pass

Zoning changes proposed by Victory Majors Investments that make River Landing Village “economical” were approved by Saskatoon city council at their November 22nd meeting. The Meewasin Valley Authority (MVA) followed with their approval on Friday, paving the way for a potential spring of 2012 ground breaking. Victory Major Investments took over the project from Lake [...]

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Saskatoon will require 10,000 new homes in the next three years

Saskatoon will require 10,000 new homes in the next three years, and the vast majority will be built in new suburbs, stated a report going to city council Monday. Concerns about urban sprawl are raised. Read more from the Saskatoon Star Phoenix here.

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Saskatoon shows modest house price gains in Q3-2011: Royal LePage

Average prices were up across standard housing types in Saskatoon, according to the Royal LePage House Price Survey released today. Sales volume for the third quarter was up 15 per cent year-over-year, and the number of units sold during August was record setting for that particular month. Detached bungalows posted a modest gain of 1.9 [...]

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Saskatchewan poised to lead Canada for growth again in 2012

“Buoyed by high prices and strong demand for commodities, Saskatchewan is poised to lead the nation in economic growth again next year, after posting a nation-leading 4.3-per-cent economic growth in 2011.” More here.

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Canada’s housing market set for modest correction: TD

Subdued job and income growth, rising interest rates, the recent tightening in borrowing rules for insured mortgages and fewer first time buyers will set the stage for a decline in housing unit sales in most regions of Canada through 2012 and 2013, according to a report released by TD Economics today. TD is predicting a [...]

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Rivergreen Ecovillage fails to secure financing – developer cancels plans

David Hutton is reporting some disappointing news about the Rivergreen Ecovillage, a “green” condominium development that had been proposed for Phase 2 of River Landing. The 65-unit condo complex was to be built at the corner of 19th Street and Avenue C in Riversdale but the developer has announced the cancellation of the project after [...]

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Saskatoon city council approves River Landing office building

City council has unanimously approved construction of a 71,000 square foot office building that will likely become the first private-sector development to get under way at Saskatoon’s River Landing. The five-storey office building, to be located at 475 2nd Avenue South across from the Remai Arts Centre, will include some retail space, a restaurant, a [...]

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Saskatoon’s Two Twenty comes to life with the opening of Collective Coffee

Collective Coffee, the latest addition to the Riversdale business district opened its doors yesterday to become the first operating tenant at Saskatoon’s Two Twenty. Located at 220 20th Street West, this charming little coffee stop immediately comes off as a fun place to be. With just four tables and a stand up bar, fifteen people [...]

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